oil_last

Oil shock in the Caspian Basin: Diversification policy and subsidized economies

Oil shock in the Caspian Basin: Diversification policy and subsidized economies Well-known “Resources Policy” journal (UK), which indexed by Social Sciences Citation Index, has published the CESD research article The recent oil price shocks of 2014 resulted in a substantial economic slowdown in the oil-exporting countries of the Caspian Basin, namely Russia, Kazakhstan and Azerbaijan. […]

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The Center for Economic and Social Development is a leading independent economic think tank in Azerbaijan. It's mission is to promote research and analysis of socio-economic issues in order to positively influence the public policy decision-making process.

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oil_fund

Changes to the Oil Fund’s Budget: the impact of increased revenues on government spending

Changes to the Oil Fund’s Budget: the impact of increased revenues on government spending Last week, on October 4 th , the budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for 2017 was changed. It should be noted that earlier on June 30 th , state budget revenues increased by 511 […]

valyuta_deyishme_menteqesi

The Saturday Syndrome: Roots of mistrust toward the exchange rates in Azerbaijan

The Saturday Syndrome: Roots of mistrust toward the exchange rates in Azerbaijan A New Manat depreciation” panic affected everyone in the country, starting from ordinary citizens to the government officials, businessmen and bank managers. The public panic happened despite the fact that around ten days ago, the head of the Central Bank announced “The currency […]

azerbaijan_economy

Azerbaijan Economy in the first eight months (January-August) of 2017; Brief Overview

Azerbaijan Economy in the first eight months (January-August) of 2017; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first eight months of 2017. Both independent and official reports show that GDP declined in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased by […]

central_bank_of_azerbaijan

Analysts Wary Over Issuance Of 200 Manat Banknote, Says Inflation Possible

Analysts Wary Over Issuance Of 200 Manat Banknote, Says Inflation Possible Analysts say inflation of manat could come as a result of the new large denomination’s injection into circulation Money is about to grow in Azerbaijan. Alim Guliyev, first Deputy Chairman at the Central Bank of Azerbaijan announced on Tuesday that it may introduce banknotes […]